$35,859 per year.
Average Cost of Living in Alabama: $35,859 per year The Bureau of Economic Analysis cites that the average cost of living in Alabama is around $35,859 per year for a typical single individual.
How much does it cost to live in Alabama Monthly?
The typical renter in Alabama spends $772 a month on housing, $251 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $600, while the typical rent for a unit with five or more bedrooms is $1,130.
How much money do you need to live in Alabama?
Typical Expenses
| 1 ADULT | ||
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $26,822 | $50,257 |
| Annual taxes | $6,271 | $11,750 |
| Required annual income before taxes | $33,094 | $62,007 |
Is Alabama an expensive place to live?
Alabama has one of the lowest housing costs in the country. Most people generally take for granted that Alabama has one of the lowest costs of living in the country.
Is Alabama affordable to live?
Alabama is one of the most affordable states in the country, and home to several beautiful and safe cities. Enjoy southern hospitality, tasty restaurants, and college football without breaking your wallet. NewHomeSource has found the top 10 most affordable cities in Alabama to help you make the best financial decision.
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
What are the highest paying jobs in Alabama?
Highest-paying jobs in Alabama
- No. 1 – Orthopedic surgeons, except pediatric.
- No. 2 – Cardiologists.
- No. 3 Radiologists.
- No 4 – Obstetricians and gynecologists.
- No. 5 – Family medicine physicians.
- No. 1 – Family medicine physicians.
- No. 2 Chief executives.
- No. 3 – Dentists, general.
What is the best state to live in financially?
Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.
What city has the lowest cost of living?
Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider’s homepage for more stories.
Where is the safest place to live in Alabama?
The Top 10 Safest Cities in Alabama
- Rainbow City.
- Mountain Brook.
- Vestavia Hills.
- Daleville.
- Southside.
- Pleasant Grove.
- Pelham.
- Glencoe.
Is it cheaper to live in TN or Al?
The cost of living in Chattanooga, Tennessee is essentially the same as Huntsville, Alabama. – Median Home Cost is the biggest factor in the cost of living difference. – Median Home Cost is 2% cheaper in Chattanooga. 100 = US Average.
What are the 10 most expensive states to live in?
Here are the 10 states with the highest cost index:
- Hawaii (193.3)
- New York (148.2)
- California (142.2)
- Massachusetts (135)
- Oregon (130.1)
- Alaska (127.1)
- Maryland (124)
- Connecticut (121.6)
Which state has the cheapest food?
The most notable exception is New Hampshire, which, despite being an East Coast state, actually has the lowest food costs in the nation.
Is it cheaper to live in Alabama or Mississippi?
Mississippi is 7.7% cheaper than Alabama.
What are the negatives of living in Alabama?
List of the Cons of Living in Alabama
- Watch out for the cockroaches.
- Some places are still closed on Sunday in Alabama.
- Alabama might have beer, but it isn’t easy to get a drink sometimes.
- Some of the kind phrases are really insults.
- The weather can take a severe turn for the worse.
Is moving to Alabama a good idea?
Boasting some of the country’s most affordable home prices, lowest cost-of-living indexes, and relatively low taxes, Alabama is a very affordable state to live in. The median home value in Alabama in a given year ranges between $135,000 and $145,000, giving you much more value than other housing markets in the country.
What is the best part of Alabama to live in?
Huntsville, which topped the list with an overall score of 7, quality of life of 6.8 and value of 8.5, rose from the No. 3 spot on last year’s Best Places to Live list. In addition to being the No.
What careers are in demand in Alabama?
Alabama High Demand Occupations Base Year 2014 and Projected Year 2024 Table of Contents
| SOC | Occupation | 2024 |
|---|---|---|
| 131111 | Management Analysts | 6,080 |
| 151151 | Computer User Support Specialists | 7,080 |
| 413021 | Insurance Sales Agents | 7,610 |
| 312021 | Physical Therapist Assistants | 2,610 |
What is the most common job in Alabama?
The most common jobs held by residents of Alabama, by number of employees, are Cashiers (61,386 people), Driver/sales workers & truck drivers (61,018 people), and Registered nurses (57,501 people).
What is a good job to have in Alabama?
Good Paying Jobs in Alabama
- CDL A Driver. Ace Hardware.
- General Dentist – Helena, AL – 63717. Heartland Dental.
- Dental Hygienist – 64699. Heartland Dental.
- Warehouse Specialist. Ace Hardware.
- CDL Driver. Univar Solutions.
- Part-Time Acute Dialysis Registered Nurse II (RN)
- CDL A Local Truck Driver – Now Hiring.
- Restaurant Manager.
What state is the happiest?
According to a study by Amerisleep, the happiest state is North Dakota (#1) followed by Vermont, Nebraska, South Dakota and California. The least happy states were Kentucky (#50) followed by West Virginia, Tennessee, Nevada and Ohio (see complete list below).